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3 Stocks Pushing The Real Estate Industry Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the
Dow Jones Industrial Average (
^DJI) trading down 25 points (-0.1%) at 16,936 as of Monday, July 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,900 declining with 205 unchanged.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3.
CoStar Group (
CSGP) is one of the companies pushing the Real Estate industry lower today. As of noon trading, CoStar Group is down $2.63 (-1.7%) to $148.39 on light volume. Thus far, 105,027 shares of CoStar Group exchanged hands as compared to its average daily volume of 364,000 shares. The stock has ranged in price between $147.34-$151.23 after having opened the day at $151.23 as compared to the previous trading day's close of $151.02.

CoStar Group, Inc. provides information, analytics, and marketing services to the commercial real estate industry in the United States, the United Kingdom, and France. CoStar Group has a market cap of $4.9 billion and is part of the financial sector. Shares are down 18.2% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate CoStar Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates
CoStar Group as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
CoStar Group Ratings Report now.